As for holding a home and building another one - be sure to include carrying costs of the first home while building the second.  

That is between 6 and 20 returns out of every 10,000 returns.That 6 or 20 has to include some pretty likely candidates.

I manage 3 STR rentals in the Blue Ridge area.I have great teams surrounding me for both management portfolios and ready to grow.Looking to connect!

A diversified portfolio can include both!

I have said it multiple times including on BP,  "Buying property at Tax Sale is the most hazardous way to buy real estate." 

The Homeowners Insurance will include Builder's Risk.

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

Hello Ivan,I do not work for BP, but my suggestion is that you follow the Build Your Investing Team link at the top of this page if you have not and follow each step including speaking with the prospective members of the team you want to build and with that I believe you will obtain the answers you need.

I wish I could make it simpler to understand, but I am at a loss if that isn't clear enough.In one year's time, we will have a much clearer picture of how many people in D.C. who collect a W2 from the government (not including welfare, Social Security, Disability, Graft, payoffs, etc) have "left the payroll". 

-Interest rate of 5% is much lower than market interest rates. 7-8%+-There are no capex reserve considerations included. 5% is a starting point.